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In macroeconomic theory, total or aggregate spending is denoted by A and total or aggregate production of income by Y

Economics

In macroeconomic theory, total or aggregate spending is denoted by A and total or aggregate production of income by Y. Which one of the following statements is incorrect? (4 marks) A When A is greater than Y, there is disequilibrium and Y will tend to increase. B When A is equal to Y, there is equilibrium and Y will remain unchanged. C When A is less than Y, there is disequilibrium and Y will decrease. D When A is greater than Y, there is disequilibrium and A will decrease

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